Verkkokauppa.com Oyj (HEL:VERK) Second Quarter 2024 Results

Key Financial Results

• Turnover: €105.5 million (down 6.5% compared to Q2 2023).
• Net loss: €2.09 million (down from a profit of €176,000 in Q2 2023).
• €0.046 loss per share (down from €0.004 profit in Q2 2023).

All figures in the above graph are for the last 12 months (TTM)

Verkkokauppa.com Oyj EPS fails to meet expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) fell short of analyst estimates.

Looking ahead, revenue is expected to grow by an average of 5.5% per year over the next 3 years, compared to an expected growth of 10% for the Multiline Retail industry in Europe.

Market performance in Finland.

The company’s shares are down 8.3% from a week ago.

Risk analysis

It is still necessary to consider the ubiquitous danger of investment risk. We have identified 2 warning signs with Verkkokauppa.com Oyj, and understanding this should be part of your investment process.

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